Powell to Trigger ‘Healthy Pullback’ in Bitcoin, Experts Say

Are Your Bitcoin Trades Losing on Fed Day? Just Wait Till Tomorrow

“There is a strong possibility that in the press conference, Powell will be more hawkish and re-tighten financial conditions. For that reason, we could see a healthy short-term correction in crypto and all risk assets,” Nauman Sheikh, head of treasury at crypto asset management firm Wave Financial, said.

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